Brief: MYR Group Enters Into Five-Year Third Amended And Restated Credit Agreement

Myr

02/06/2023 21:31

June 2 (Reuters) - MYR Group Inc  MYRG.O :
    * MYR GROUP INC- ON MAY 31, CO ENTERED INTO FIVE-YEAR THIRD
AMENDED AND RESTATED CREDIT AGREEMENT, PROVIDING REVOLVING
CREDIT FACILITY OF $490 MILLION
    * MYR GROUP INC-FACILITY ALLOWS FOR REVOLVING LOANS IN
CANADIAN
DOLLARS AND OTHER NON-US CURRENCIES, UP TO U.S. DOLLAR
EQUIVALENT OF $150 MILLION
    * MYR GROUP-EXPANSION OPTION TO INCREASE COMMITMENTS UNDER
FACILITY BY UP TO $200 MILLION UPON RECEIPT OF FURTHER
COMMITMENTS FROM NEW/ EXISTING LENDERS

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